I have a fun group on Facebook called 49 States Real Estate Investing.

I haven't heard of the "Binder" technique before, but it sounds like a great idea.As for increasing the Studio ADR, we are considering offering guests a half a dozen fresh eggs for breakfast since we have chickens. 

In one of the closets, The contractor said he bought a cleaning supply called fabuloso, then warmed it or heated it up, and let it sit in the closet so the fresh smell got absorbed by the walls?

Just for fun, review the condo docs to determine if subletting is permitted. 

I get spending money on an empty place isn't fun but I think with good flooring, you may more easily find a tenant and also will have less issues in the long term with a stained/gross carpet.

They scheduled schooling right before the test so it was fresh in their minds.

If you have a bad tenant your life wont be fun especially if you don’t have lot of reserves or a very high income.  

The quote comes in at $4,850 to get the property back into acceptable condition without all of the trim and door repairs/replacement.Do you pay the ~$5,000 and renew the lease for tenants that pay on time or start fresh (with repairs and finding a new tenant)?

Makes it really easy and fun.

Hourly gets into fun "employee" territory, which I would not do.